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Welcome > Sitemap > For Sellers ...
For Home Sellers:
Why Sellers Choose The Luby Group - Why home sellers in Chicago Northwest Suburbs, Barrington, Inverness and Palatine choose The Luby Group.
Free Presentation - Free in-home listings presentation on marketing your Chicago Northwest Suburbs, Barrington, Inverness and Palatine, in Cook County Illinois property.
Property Valuation - How much is your Chicago Northwest Suburbs, Barrington, Inverness and Palatine home worth?
What Did That Home Sell For? - What did that Chicago Northwest Suburbs, Barrington, Inverness and Palatine, Illinois property or other real estate sell for?
FSBO - Selling your Chicago Northwest Suburbs, Barrington, Inverness and Palatine real estate on your own?
Selling? Check Out Our Buyers - Click here for more information...
Market Trends & Statistics - Click here for more information...
Go to Main Sitemap - Main sitemap sections include Find Chicago Northwest Suburbs, Barrington, Inverness and Palatine Homes, For Home Buyers, For Home Sellers, Chicago Northwest Suburbs, Barrington, Inverness and Palatine Information, Real Estate Resources, and About The Luby Group.
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Working With An Agent >Real Estate Agent Representation
Which party in a real estate transaction is represented by the real estate agent--the buyer or the seller? Until recently that question was never asked because the answer was always the same. Traditionally all the marketing professionals involved in real estate transactions were legally and ethically obligated to conduct business on behalf of the seller. They may have aided the buyer in certain situations, but their client was the seller. Today that is not necessarily the case.
In a time of increasing specialization, buyers can be represented by a real estate agent who functions solely as a buyer's broker. In this case, the sales professional helps the buyer locate a home, negotiate the price, and is responsible to the buyer only, for an agreed-upon fee or a percentage commission.
In any real estate transaction you have the right to know which party the real estate agent is representing.
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| Q |
What is the legal term used to describe the right of the U. S. government to condemn private land for public use?
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| A |
Right of Eminent Domain allows the government to confiscate private land by paying full market value for the property. |
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